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Oil Search Sell Down

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Oil Search Sell Down
Palm Offline
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#21
10-10-2012, 03:31 AM (This post was last modified: 10-10-2012, 03:40 AM by Palm.)
Oil Search was only up 3% on the news. Why should IOC be up $10 (12-13%)?
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Tree Offline
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#22
07-24-2013, 10:41 PM
"While the focus of the transaction is on exploring and developing the prospective offshore Gulf and the eastern forelands area, Oil Search and TOTAL have also agreed to form a strategic partnership to look at other licences in PNG, excluding the Highlands area." (What, no $100,000,000 wells in isolated regions)

"A drilling programme in the offshore licences, comprising two firm wells and two options, is expected to commence in the first quarter of 2013.” (How did those wells turn-out?)
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